Home » Duke Energy Annual Reports » 2013 Annual Report - page 77

Duke Energy 2013 Annual Report Download - page 77

Download and view the complete annual report

Please find page 77 of the 2013 Duke Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

59

PART II

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Duke Energy Corporation (Duke Energy)

Report of Independent Registered Public Accounting Firm .................. 60

Consolidated Statements of Operations ................................ 61

Consolidated Statements of Comprehensive Income ...................... 62

Consolidated Balance Sheets........................................ 63

Consolidated Statements of Cash Flows ............................... 65

Consolidated Statements of Changes in Equity .......................... 67

Duke Energy Carolinas, LLC (Duke Energy Carolinas)

Report of Independent Registered Public Accounting Firm .................. 68

Consolidated Statements of Operations and Comprehensive Income .......... 69

Consolidated Balance Sheets........................................ 70

Consolidated Statements of Cash Flows ............................... 71

Consolidated Statements of Changes in Member’s Equity .................. 72

Progress Energy, Inc. (Progress Energy)

Report of Independent Registered Public Accounting Firm .................. 73

Consolidated Statements of Operations and Comprehensive Income .......... 74

Consolidated Balance Sheets........................................ 75

Consolidated Statements of Cash Flows ............................... 77

Consolidated Statements of Changes in Common Stockholder’s Equity ........ 79

Duke Energy Progress, Inc. (Duke Energy Progress)

Report of Independent Registered Public Accounting Firm .................. 80

Consolidated Statements of Operations and Comprehensive Income .......... 81

Consolidated Balance Sheets........................................ 82

Consolidated Statements of Cash Flows ............................... 83

Consolidated Statements of Changes in Common Stockholder’s Equity ........ 84

Duke Energy Florida, Inc. (Duke Energy Florida)

Report of Independent Registered Public Accounting Firm .................. 85

Statements of Operations and Comprehensive Income .................... 86

Balance Sheets .................................................. 87

Statements of Cash Flows .......................................... 88

Statements of Changes in Common Stockholder’s Equity................... 89

Duke Energy Ohio, Inc. (Duke Energy Ohio)

Report of Independent Registered Public Accounting Firm .................. 90

Consolidated Statements of Operations and Comprehensive Income .......... 91

Consolidated Balance Sheets........................................ 92

Consolidated Statements of Cash Flows ............................... 93

Consolidated Statements of Changes in Common Stockholder’s Equity ........ 94

Duke Energy Indiana, Inc. (Duke Energy Indiana)

Report of Independent Registered Public Accounting Firm .................. 95

Consolidated Statements of Operations and Comprehensive Income .......... 96

Consolidated Balance Sheets........................................ 97

Consolidated Statements of Cash Flows ............................... 98

Consolidated Statements of Changes in Common Stockholder’s Equity ........ 99

Combined Notes to Consolidated Financial Statements

Note 1 – Summary of Signiﬁcant Accounting Policies ..................... 100

Note 2 – Acquisitions, Dispositions and Sales of Other Assets............... 106

Note 3 – Business Segments........................................ 109

Note 4 – Regulatory Matters ........................................ 113

Note 5 – Commitments and Contingencies ............................. 122

Note 6 – Debt and Credit Facilities ................................... 130

Note 7 – Guarantees and Indemniﬁcations ............................. 135

Note 8 – Joint Ownership of Generating and Transmission Facilities .......... 136

Note 9 – Asset Retirement Obligations................................. 137

Note 10 – Property, Plant and Equipment .............................. 139

Note 11 – Goodwill and Intangible Assets .............................. 141

Note 12 – Investments in Unconsolidated Afﬁliates....................... 142

Note 13 – Related Party Transactions ................................. 143

Note 14 – Derivatives and Hedging ................................... 144

Note 15 – Investments in Debt and Equity Securities...................... 155

Note 16 – Fair Value Measurements .................................. 162

Note 17 – Variable Interest Entities ................................... 172

Note 18 – Common Stock .......................................... 176

Note 19 – Severance.............................................. 177

Note 20 – Stock-Based Compensation ................................ 178

Note 21 – Employee Beneﬁt Plans.................................... 180

Note 22 – Income Taxes ........................................... 200

Note 23 – Other Income and Expenses, Net............................. 206

Note 24 – Subsequent Events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207

Note 25 – Quarterly Financial Data (Unaudited) ......................... 208